Forex Regulation | Forex Regulatory Bodies


The following table shows a list of the most important and popular Regulatory Authorities across the globe. The regulators’ homepage and page for bringing a complaint against a Forex broker have been added for your convenience.

Forex Regulatory Authorities
The Forex and investment industry are overseen by strict regulatory authorities in local jurisdictions across the globe.
In each country there are governmental and public regulatory bodies and agencies set up to supervise all activities in the Forex and financial industry. These supervisory agencies act as watchdogs to insure compliance with local legislation and to issue financial licenses to businesses which comply with these regulations. Forex regulations are in place to ensure fair, legal and ethical business practices. All investment banks, Forex brokers and signal sellers must comply with the rules and regulations laid down by the regulatory authority in their country or jurisdiction. Among the regulators’ standards which have to be met Forex companies must register and license their business in the country where their operations are based. The regulatory authorities have the right to subject licensed brokers to multiple audits, evaluations and reviews to insure that they meet industry standards. There may also be a minimum capital requirement where Forex brokers must have sufficient funds at their disposal to be able to execute and complete Forex contracts for clients and to be able to return clients’ funds to them immediately in the case of bankruptcy.
The Forex regulations enforced by regulatory bodies vary from jurisdiction to jurisdiction and country to country. For example in the EU the Mifid Regulation states that a license from any EU member state applies to all the European Union countries. This means that if you have acquired a Forex license in one EU country you may operate across the whole of Europe. For this reason companies choose to apply for licenses in EU countries with the least restrictions such as CySEC in Cyprus.

The general aim of regulatory authorities overseeing the Forex and investment industry is to achieve the following objectives:

  • By retaining all the private information about business owners and managers the regulatory authority aims to supervise and monitor the company, directors and owners to prevent any illegal or unethical business practices. This protects all those involved.
  • The regulatory authorities aim to maintain a stable financial market across the globe. By acting as a body which can be addressed with concerns the regulatory authorities gives those in the market confidence and contributes to the protection and enhancement of the global financial system’s stability.
  • When choosing a Forex broker the first thing to determine is how credible the broker is and whether they can be trusted. With Forex brokers supervised by a regulatory authority investors can be more confident about the credibility of the broker and feel protected.
  • The regulatory authorities provide a level of protection for investors as they can be trusted to restrict/sanction or ban the actions and activities of Forex companies if necessary and to safeguard investors.


When choosing a Forex broker the first thing to determine is how credible the broker is and whether they can be trusted. With Forex brokers supervised by a regulatory authority investors can be more confident about the credibility of the broker and feel protected.


In Anquilla, the forex regulatory body is called the Anguilla Financial Services Commission and to find out more about it, its website link is below:



In Angigua, the forex regulatory Agency is called the Eastern Caribbean Securities Regulatory Commission (ECSRC) and its website is as shown below:



In Australia, the forex regulatory body is called the Australian Securities and Investment Commission (ASIC). For more information about what ASIC does, you can ASIC website link below:



In Azerbaijan, the forex regulatory body is called the State Committee for Securities (Azerbaijan) and its website is below if you want more information.

Baku Stock Exchange


The forex regulatory authority in Bangladesh is called the Securities and Exchange Commission (SEC)


In Belgium, the forex regulatory agency is called The Financial Services and Markets Authority (FSMA). For more information, here is its website link:


International Financial Services Commission (IFSC)

British Virgin Islands

The forex regulatory body in British Virgin Island is called the BVI Financial Services Commission (FSC of BVI)


Financial Supervision Commission of Bulgaria (FSC Bulgaria)


In Canada, there’s quite a few forex regulatory agencies that are tasked with the job of providing financial regulation to the financial market and here they are:

  • British Columbia Securities Commission (BCSC)

  • Canadian Investor Protection Fund (CIPF)

  • Financial Transactions and Reports Analysis Center of Canada (FINTRAC)

  • Investment Industry Regulatory Organization of Canada (IIROC)

  • Ontario Securities Commission (OSC)

  • Ombudsman of Banking Services and Investments (OBSI)


Cayman Islands

In Cayman Islands, the forex regulatory Authority there is called the  The Cayman Islands Monetary Authority (CIMA).

Here’s the website link to find out more information.


Ahhh…China! Guess what, the Chinese have their forex regulatory agency too and its called the China Securities Regulatory Commission (CSRC).


Croatian Financial Services Supervisory Agency (CFSSA)


The forex regulatory agency in Cyprus is called the Cyprus Securities and Exchange Commission (CySEC). More information on its website:

Czech Republic

Czech National Bank (CNB)


In Denmark, the forex regulatory agency is called the Danish Financial Supervisory Authority (Danish FSA) and for more information, you can visit their website link below.

Dubai, UAE

In Dubai, there are a few financial regulatory authorities and here’s a list of them.

Dubai Multi Commodities Centre (DMCC)

Dubai Gold & Commodities Exchange (DGCX)

Dubai Financial Services Authority (DFSA)

Emirates Securities and Commodities Authority (SCA)


The Financial Supervision Authority (FINANTSINSPEKTSIOON)


In Finland, the forex regulatory authority is called the FIN-FSA in Finland


The forex regulatory agencies in France are:

  • Autorite des marches financiers (AMF)

  • Banque de France

  • Credit Institutions and Investment Firms Committee (CECEI)


Germany’s forex regulatory authority is called the Federal Financial Supervisory Authority (BaFin). For more information, click their website link below.


Greece’s forex regulatory authority is called the The Hellenic Capital Market Commission (HCMC). Click their website link below for more information.

Hong Kong

For Forex Brokers In Hong Kong, the forex regulatory agency that keeps an eye on them is called the  Securities and Futures Commission (SFC).

Here’s the website link:


Hungarian FSA (HFSA)


The Financial Supervisory Authority (FME)


Securities and Exchange Board of India (SEBI)

Reserve bank of India (RBI)


Commodity Futures Trade Regulatory Agency (CoFTRA)


Central Bank of Ireland


Isle of Man

The Financial Supervision Commission (FSC)


The Israel Securities Authority (ISA)


Commissione Nazionale per le Società e la Borsa



Japan has a few financial regulatory agencies that keep an eye on the financial markets and here’s a list of them below with the links to their websites:

Financial Services Agency of Japan (FSA Japan)

Japan Securities Dealers Association (JSDA)

Japan Investor Protection Fund (JIPF)

Tokyo Commodity Exchange (TOCOM)


Capital Markets Authority (CMA)


Ministry of Commerce and Industry in Kuwait


Kuwait Chamber of Commerce & Industry (KCCI)


The Financial and Capital Market Commission (FKTK)


Banque Du Liban


The Lithuanian Securities Commission, Bank of Lithuania


The Lithuanian Securities Commission, Bank of Lithuania


Commission de Surveillance du Secteur Financier (CSSF)


The Financial Market Authority Liechtenstein (FMA)


The forex regulatory Authority in Malaysia is called the  Securities Commission Malaysia and for more information, click their website link below.


Malta Financial Services Authority (FSA in Malta)


Financial Services Commission of Mauritius (FSC Mauritius)

New Zealand 

New Zealand has a few financial regulatory Agencies and here they are:

Financial Markets Authority (FMA)

Financial Service Providers Register (FSPR)

Financial Services Complaints Limited (FSCL)


Nevis Financial Services



The Financial Supervisory Authority of Norway


Securities and Exchange Commission of Pakistan (SECP)


Superintendencia de Mercado de Valores – The Securities Market Superintence (SMV)

Ministry of Industry and Commerce (MICI)


Securities and Exchange Commission Philippines

The Bangko Sentral ng Pilipinas (BSP)


Polish Financial Supervision Authority (PFSA)


Comissão do Mercado de Valores Mobiliários (CMVM)


Romanian National Securities Commission (C.N.V.M.)


FFMS in Russia (FCFR)

Centre for Regulation of Off-Exchange Financial Instruments and Technologies (CRFIN)


Seychelles Financial Services Authority (FSA Seychelles)

Seychelles Licensing Authority (SLA)


Monetary Authority of Singapore (MAS)

Singapore Exchange (SGX)


National Bank of Slovakia (NBS)

South Korea

Financial Supervisory Commission

Sri Lanka

Securities and Exchange Commission of Sri Lanka

St. Vincent and the Grenadines

The Financial Services Authority


Swedish Financial Supervisory Authority (Swedish FSA)


Association Romande des Intermediares Financiers (ARIF)

Swiss Bankers Association (SBA)

Swiss Federal Banking Commission (SFBC)

Swiss Federal Department of Finance (SFDF)

Swiss Federal Finance Administration (SFFA)

Swiss Financial Market Supervisory Authority (FINMA)

Swiss National Bank (SNB)


Geneva Chamber of Commerce (CCIG)

Organisme d’Autoregulation des Gerants de Patrimoine (OAR-G)


The Capital Markets and Securities Authority (CMSA)


Securities and Exchange Commission, Thailand


Capital Markets Board – SPK

United Kingdom

United Kingdom has a few forex regulatory agencies and here’s a list of them and their website links if you need to check them out for more information:

UK Financial Services Authority (FSA UK)

The Financial Conduct Authority (FCA)

The Prudential Regulation Authority (PRA)

Financial Services Compensation Fund (FSCS)

United States

United States Of America also has as a few forex regulatory bodies/agencies and here’s a list of them and their website links if you need to check them out for more information:

Commodities and Futures Trading Commission (CFTC)

Financial Industry Regulatory Authority (FINRA)

National Futures Association (NFA)

New York Stock Exchange (NYSE)

Office of the Comptroller of the Currency (OCC)

US Securities and Exchanges Commission (U.S. SEC)

Chicago Board of Trade (CBOT)

Securities Investor Protection Corporation (SIPC)


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